National Grid Makes Big Pledges in First CSR Report
Energy company National Grid wants to reduce its greenhouse gas emissions 60 percent below 1990 levels by 2050 and use renewable power for all of its internal needs by 2010, according to the company's first environmental report released Monday.
The company has embarked on a multi-year program to ensure compliance with environmental regulations, it said in the report. It also completed 75 percent of improvements designed to reduce methane emissions, such as replacing cast iron gas piping and reinforcing unprotected steel gas mains.
The company, which recently acquired KeySpan, is a partner of the program, Regional Greenhouse Gas Initiative, which aims to reduce emissions.
It plans on replacing portions of its vehicle fleet with higher fuel economy vehicles by 2009.
"This report is more than just about climate change," Tom King, the company's executive director of Electricity Distribution and Generation, said in a statement. "We want to be completely open about how we aim to operate responsibly in everything we do, and this report gives our publics in the U.S. a great view of that."
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